Trading Edges That Last
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Lawrence's Comment Recap Cable attempted to hold Y-1 and failed. Consolidation below Y-1 also failed later in the week resulting in a drop until 50% range expansion completed. Closed the week below ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORE3DP Odds Table (USDJPY) 2021-05-04USDJPY Jul 05 to Jul 09 OutlookIntraday Cycle Projection (USDJPY) 2012-09-253DP Odds Table (USDJPY) 2022-05-11Precog Vision – Forex 2016-1-27GBPUSD Sep 07 to Sep 11 OutlookPrecog Vision – Forex 2012-6-253DP Odds Table (USDJPY) 2012-12-25Weekly Cycle Projection (USDJPY) 2018-07-02Nasdaq 100 Sep 14 to Sep 18 Outlook
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USDJPY Feb 14 to Feb 18 Outlook
Lawrence’s Comment
Text book pullback to Y-0 and rallied to 200% expansion target. Hope everyone who have read the outlook from last week hopped on the train.
Outlook
B+1 is target zone for multiple timeframes (daily, weekly, monthly). Thus retracement is expected on this pair. How far it is going to pullback will tell us the strength of this pair. If this coming week it stays at Y+2 or above, another leg taking it higher is expect.
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